Trustees & Patrons

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TRUSTEES

 

Govindraj Ethiraj is Founding Editor & Managing Trustee of The Spending & Policy Research Foundation. A television & print journalist, he is also the Founder of Ping Digital Network and BOOM, both next generation television networks. He is a former Founder-Editor in Chief of Bloomberg TV India, a 24-hour business news service launched out of Mumbai in 2008. He also worked with television station CNBC-TV18, from near start-up point in 2000. He has worked in the digital space – with Business Standard as head of new media – as well as traditional print, at The Economic Times, Business World & Business India magazines. His writes for newspapers such as Business Standard. He is a Fellow of The Aspen Institute, Colorado.

Email: govindraj@indiaspend.org

 

Other Trustees

 

Ayaz Memon

 

Shrikant Karwa

 

PATRONS

 

Rohini Nilekani is Founder-Chairperson of Arghyam, a foundation she set up with a private endowment, to work on water and sanitation issues in India. She is also Founder-Chairperson of Pratham Books, a charitable trust which seeks to put “A book in every child’s hand.” An ex-journalist, author and philanthropist, Rohini has been deeply involved with development issues for more than a decade. She is currently a member of the Audit Advisory Board of the Comptroller and Auditor General of India. She sits on the Boards of many non-profits, notably ATREE (the Ashoka Trust for Research in Ecology and the Environment) and Sanghamithra Rural Financial Services. Rohini has authored two books published by Penguin India- a novel – Stillborn – and also a non–fiction account of dialogues she moderated between social and corporate leaders called Uncommon Ground.

 

Vikram Lal is former Chairman of the Eicher Group. He did his Senior Cambridge from the Doon School in 1957, after which he went abroad to study mechanical engineering at the Technical University Darmstadt in West Germany. He joined Eicher, the family company established by his father, in 1966. Eicher started as the first tractor manufacturer in India in 1960, and eventually branched out into light commercial vehicles in 1986, and then into heavy vehicles. Amongst other businesses, it acquired Royal Enfield, an iconic brand of motorcycles, in 1990. Mr Lal is the president of Common Cause, a public interest NGO pursuing major issues relating to reform, governance and the enforcement of law, since December 2004. He was Vice President of the World Wide Fund for Nature – India for 7 years and a member of the Board of Governors of the Doon School for 6 years. Currently, he is on the boards of Pratham Delhi Education Initiative and Resource Alliance India.

 

Pirojsha Godrej Foundation is the philanthropic arm of the Godrej Group and is instrumental in carrying out Group’s charitable works across many areas like including immunisation for children, family welfare and nature conservation. It was established in 1972 and owns stakes in the holding company, Godrej & Boyce Mfg. Co. Ltd. The income from dividends is utilised for promoting the objectives of the Trust.

 

The Independent and Public-Spirited Media Foundation (IPSMF) has provided financial support to the Spending & Policy Research Foundation (SPRF) for the purpose of reporting and publishing stories of public interest. The IPSMF does not take any legal or moral responsibility whatsoever for the content published by SPRF on its website factchecker.in or on any of its other platforms.

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How We Are Funded

The Spending & Policy Research Foundation (SPRF) was set up in August 2011, and started with a corpus of Rs 10,000 from Govindraj Ethiraj, SPRF’s managing trustee.

 

The funds/donations received by SPRF have been deployed to further the cause of data journalism. As part of this endeavour, SPRF runs IndiaSpend and FactChecker.in.

 

The details of funds received by SPRF over the years, and the expenditure are as follows:

 

Financial Year 2018-19:

 

In the financial year 2018-19, as of December 31, 2018, SPRF received Rs 13,250,000 in donations, and Rs 158,250 as online donations from readers.

 

In the first quarter of 2018-19, SPRF received Rs 4,500,000 as general donation from the Lal Family Foundation, as a contribution for meeting operational expenses towards the objective of the trust.

 

In the second quarter, SPRF received Rs 3,750,000 as general donation from the Independent Spirited Media Foundation as a contribution to build a team of reporters and a network of freelancers to break and report on stories of public-interest in order to build informed public opinion.

 

SPRF also received Rs 1,500,000 as general donation from the Pirojsha Godrej Foundation as a contribution for team costs and to further continue the effort to reach regional media and audiences in different parts of the country.

 

Further, SPRF received Rs 3,400,000 from the Impact Foundation (Dasra) through Mr Ashish Dhawan as a contribution for reporting on India Governance Report through a monthly newsletter that brings together stories of good governance and policy-making from across India.

 

In the third quarter, SPRF received Rs 100,000 as general donation from Mr Anirudha Dutta to meet the objective of the trust.

 

Of the online donations received from readers, 49 donations were for amounts more than Rs 1,000, and are listed below:

 

Donor’s Name Amount (In Rs)
Pavan Nair 3,000
Rujuta Diwekar 50,000
Romit Mitra 3,000
Sachin Agarwal 10,000
Mitali Saran 1,000
Jennifer Fernandes 1,000
Harish Addanki 1,000
D Kapoor 3,000
N Saravade 3,000
Manish Gadhvi 3,000
Suman Srivastava 3,000
Sumit Zaveri 3,000
Vignan Velivela 1,000
Robert Myers 1,000
Shanthini  Vasudevan 3,000
Sandeep Kamath 3,000
Shishira Rudrappa 3,000
Ankush Vengurlekar 2,000
Vivek Sundara 5,000
Abanith Viswam 5,000
Arun Murthy Batulla 1,000
Abhishek Sinha 3,000
Krishnan Nagasubramani 1,000
Sonia Falerio 3,000
J S Jassal 3,000
Swarna Rajagopalan 3,000
Amarjeet Singh 3,000
Muthuraj Thangavel 1,000
Abhishek Nayak 1,000
Karnika Kohli 2,000
Yohan Matthew 2,000
Surabhi Tandon 1,000
Neha Bhatia 1,000
Siddarth Kumar 1,000
Khalid Anjum 1,000
Vishal Gadba 1,000
Vimal Pathasarthy 1,000
Sunil Bhatta 1,000
V Abhishek 1,000
Ankrity Das 1,000
Prasanna Thirunavukkarasu 1,000
Sunil Caleb 1,000
Arkid Mitra 1,000
Shalini Singh 1,000
Debiprasad Mishra 1,000
Subhash Sharan 1,000
Alekh Angre 1,000
Suniil Caleb 1,000
Bhavesh Shah 1,000

In the financial year 2018-19, as of December 31, 2018, SPRF incurred an expenditure of Rs 13,100,402. The details are as follows:

 

Expenditure During Financial Year 2018-19

 

Financial Year 2017-18:

 

In the financial year 2017-18, SPRF received Rs 12,650,000 in donations, Rs 40,000 as article subscription fee, and Rs 62,500 as online donations from readers.

 

In the first quarter of 2017-18, SPRF received Rs 4,000,000 as general donation from the Lal Family Foundation as a contribution towards research, analysis and reporting on education, gender and youth, healthcare and urbanization related issues.

 

No donations were received in the second quarter.

 

In the third quarter, SPRF received Rs 1,500,000 from the Pirojsha Godrej Foundation as a contribution for meeting operational expenses towards the objective of the trust.

 

SPRF also received Rs 3,400,000 from the Impact Foundation (Dasra) through MCKS Trust Fund as a contribution for reporting on India Governance Report through monthly a newsletter that brings together stories of good governance and policy-making from across India. The newsletter seeks to inform interested readers from government, academia, think-tanks and civil society so as to widen and deepen the discussion on policy and governance issues.

 

In the fourth quarter, SPRF received Rs 3,750,000 from the Independent Spirited Media Foundation as a contribution to build a team of reporters and a network of freelancers to break and report on stories of public-interest in order to build informed public opinion.

 

Of the online donations received from readers, 25 donations were for amounts more than Rs 1,000, and are listed below:

 

Donor’s Name Amount (In Rs)
Sachin Agarwal 10,000
Nirav Shah 10,000
Meenal Mamdani 5,000
P Rajat Kedilaya 5,000
Habeeb Ahmed 2,000
Himank Bhanot 2,000
Liby Johnson 2,000
P Rajesh Sharma 2,000
Vishnuteerth Agnihotri 2,000
Pawnajeet singh 2,000
Swati Puri 2,000
Kiran Kumbhar 1,000
Plessey Mathews 1,000
Abhishek Desikan 1,000
Dheeraj Ravindranath 1,000
Ajeeth Rajamany 1,000
Navneet Raj 1,000
abhishek Chaudhari 1,000
Alekh Angre 1,000
Nilesh Bhojani 1,000
Parlene Chang 1,000
Sudha Iyer 1,000
Swaroop CH 1,000
Utkarsh Singh 1,000
Annbel Mehta 1,000

In the financial year 2017-18, SPRF incurred an expenditure of Rs 13,536,424. The details are as follows:

 

Expenditure During Financial Year 2017-18

 

Financial Year 2016-17:

 

In the financial year 2016-17, SPRF received Rs 11,500,000 in donations, Rs 1,335,588 as article subscription fee, and Rs 47,850 as online donations from readers.

 

In the first quarter of 2016-17, SPRF received Rs 5,000,000 as general donation from the Independent Spirited Media Foundation, as a contribution to build an ecosystem that sets trends, fosters and accelerates excellence in public-interest journalism.

 

No donations were received in the second and third quarters.

 

In the fourth quarter, SPRF received Rs 6,500,000 in general donations. This includes Rs 5,000,000 from the Independent Spirited Media Foundation (as a contribution to build ecosystem that sets trends, fosters and accelerates excellence in public-interest journalism), and Rs 1,500,000 from the Pirojsha Godrej Foundation as a contribution for meeting operational expenses towards the objective of the trust.

 

Of the online donations received from readers, 15 donations were more than Rs 1,000, and are listed below:

 

Donor’s Name Amount (In Rs)
Sachin Agarwal 5,000
Bindu Venkatesh 5,000
Rati Forbes 5,000
Thiru Ramakrishnan 3,000
Vivek Sundara 3,000
Ganesh Ramamoorthy 2,000
Mantha VS Rao 2,000
Rajiv Govindan 1,000
Habeeb Nizamudin 1,000
Rahul Jagtap 1,000
Chandi Shougrakpam 1,000
Jatinderjit Singh 1,000
Subramanyam Iyer 1,000
Niyati Shenoy 1,000
Muralidhar Rao 1,000

In the financial year 2016-17, SPRF incurred an expenditure of Rs 12,392,415. The details are as follows:

 

Expenditure During Financial Year 2016-17

 

Financial Year 2015-16:

 

In the financial year 2015-16, SPRF received Rs 8,500,000 in donations, Rs 561,750 as article subscription fee, and Rs 41,950 as online donations from readers.

 

In the first quarter of 2015-16, SPRF received Rs 3,500,000 as general donation from the Vikram Sarabhai Foundation.

 

No donations were received in the second quarter.

 

In the third quarter, SPRF received Rs 1,500,000 as general donation from the Pirojsha Godrej Foundation.

 

In the fourth quarter, SPRF received Rs 3,500,000 as general donation from the Lal Family Foundation.

 

Of the online donations received from readers, 18 donations were more than Rs 1,000, and are listed below:

 

Donor’s Name Amount (In Rs)
Nandita Mallik 5,000
Sreekant Khandekar 5,000
Rengarajan Soundararajan 3,000
Rao B V 3,000
Arvind Murlidharan 3,000
Amyn Pirani 3,000
VVP Sharma 3,000
Sandeep Kunkunuru 2,000
Abdul Muheet Chowdhary 1,000
Sudheer Kumar 1,000
Pawan Rai 1,000
Edi Alva 1,000
Sachin Pada 1,000
VT Andy 1,000
Mukund Raichur 1,000
Pinky David 1,000
Amrit Rai 1,000
K V Ramaswamy 1,000

In the financial year 2015-16, SPRF incurred an expenditure of Rs 12,165,625. The details are as follows:

 

Expenditure During Financial Year 2015-16

 

Financial Year 2014-15:

 

In the financial year 2014-15, SPRF received Rs 12,564,000 in donations. This was also the year when we opened our online donation gateway, and we received Rs 32,453 in online donations from readers.

 

In the first quarter of 2014-15, SPRF received Rs 3,000,000 as corpus donation from the Vikram Sarabhai Foundation.

 

In the second quarter, SPRF received Rs 6,000,000 in donations. The details are as follows:

 

Donor Nature of donation Amount (In Rs)
Rohini Nilekani General donation 3,500,000
Sudarshan Securities General donation 2,500,000

No donations were received in the third quarter.

 

In the fourth quarter, SPRF received Rs 3,564,000 in donations. The details are as follows:

 

Donor Nature of donation Amount (In Rs)
Impact Foundation General donation 44,000
Rohini Nilekani General donation 3,500,000
Srijan Foundation General donation 20,000

Of the online donations received from readers, 12 donations were more than Rs 1,000, and are listed below:

 

Donor’s Name Amount (In Rs)
Brian Almeida 11,000
Sumit Mishra 1,000
Nikhil Lakshman 5,000
Arvind Murlidharan 3,000
RamaKrishna Vadlamudi 2,000
Jaideep Giridhar 1,000
Hemant Karnik 1,000
Swapna Pillai 1,000
Tanvi Negi 1,000
Sonia Faleiro 1,000
Adway Mitra 1,000
Vivek kamath 1,000

In the financial year 2014-15, SPRF incurred an expenditure of Rs 8,273,157. The details are as follows:

 

Expenditure During Financial Year 2014-15

 

Financial Year 2013-14:

 

In the financial year 2013-14, SPRF received Rs 6,744,160 in donations and Rs 205,000 as article subscription fee.

 

In the first quarter of 2013-14, SPRF received Rs 3,174,160 as general donation from Rohini Nilekani.

 

No donations were received in the second quarter.

 

In the third quarter, SPRF received Rs 2,470,000 in donations. The details are as follows:

 

Donor Nature of donation Amount (In Rs)
Bala Pathasarathy General donation 70,000
Prabhakar Kalavacherla General donation 300,000
Sunil Kaul General donation 100,000
Vikram Sarabhai Foundation Corpus donation 2,000,000

In the fourth quarter of 2013-14, SPRF received Rs 1,100,000 in donations. The details are as follows:

 

Donor Nature of donation Amount (In Rs)
India Value Fund General donation 100,000
Pirojsha Godrej Foundation General donation 1,000,000

In the financial year 2013-14, SPRF incurred an expenditure of Rs 6,053,916. The details are as follows:

 

Expenditure During Financial Year 2013-14

 

Financial Year 2012-13:

 

In the financial year 2012-13, SPRF received Rs 2,045,000 in donations and Rs 870,000 as article subscription fee.

 

In the first quarter (Q1) of 2012-13, SPRF received Rs 995,000 in donations. The details are as follows:

 

Donor Nature of donation Amount (In Rs)
RSM Foundation General donation 165,000
Cedar Management Consulting Pvt Ltd Corpus donation 80,000
Gaja Advisors Pvt Ltd Corpus donation 750,000

In the second quarter (Q2), SPRF received Rs 150,000 in donations. The details are as follows:

 

Donor Nature of donation Amount (In Rs)
Idiscoveri Education Pvt Ltd General donation 25,000
Ganesh Rengaswamy Corpus donation 25,000
Gujarat NRE Coke Ltd Corpus donation 50,000
Nachiket Mor Corpus donation 50,000

In the third quarter (Q3), SPRF received Rs 725,000 in donations. The details are as follows:

 

Donor Nature of donation Amount (In Rs)
RSM Foundation General donation 125,000
Bala Pathasarathy General donation 75,000
TVS Capital Funds Limited General donation 250,000
Sanjay Swamy General donation 25,000
Gaja Advisors Pvt Ltd Corpus donation 250,000

In the fourth quarter (Q4), SPRF received Rs 175,000 in donations. The details are as follows:

 

Donor Nature of donation Amount (In Rs)
Praveen Chakravarty General donation 165,000
Rashmi Prahlad Bansal General donation 10,000

In the financial year 2012-13, SPRF incurred an expenditure of Rs 3,148,153. The details are as follows:

 

Expenditure During Financial Year 2012-13